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Listed by Gurjeet Rai • Doorlight Inc, DRE#02149422
$ 7,500,000
Est. payment | /mo
3.83 Acres Lot
$ 7,500,000
Est. payment | /mo
3.83 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82063173
Lot Size 3.830 Acres
Property Sub-Type Residential Development Land
Property Description
Exceptional opportunity to acquire a prime infill multifamily development site at 561 Peabody Rd in Vacaville. Situated on approximately 3.83 acres, the property has City-approved Major Design Review for an 82-unit market-rate apartment community featuring four three-story buildings with a mix of 1-, 2- and 3-bedroom residences and 178 on-site parking spaces. The planned community includes a swimming pool with fenced patio, exercise room, community room, communal kitchen, picnic areas, dog-walking area, landscaped open space and pedestrian walkways. Contemporary architecture incorporates stucco, wood siding, stone veneer, metal window mullions and a modern flat-roof design. Zoned MX Mixed Use, with multifamily residential use permitted by right. Positioned in an established infill location near residential neighborhoods, schools, shopping, dining and everyday services, with access from Peabody Rd and Marshall Rd. A compelling opportunity for developers seeking an approved multifamily project in a strong, well-connected Vacaville location. Some listing images are conceptual/digitally generated renderings for illustrative purposes only; final design may vary. Buyers to independently verify all information.No sign on the property.
Location
State CA
County Solano
Area Vacaville 5
Zoning MX - Mixed Use
Exterior
Fence Fenced, Partial Fencing
Utilities Available Electricity - On Site, Public Utilities
View City, City Lights
Present Use Vacant
Building
Lot Description Corners Marked, Grade - Level, Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 0132-210-220
Horse Property No
Special Listing Condition Not Applicable
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